Trust is the product of something else. What that is is respect. When Klaus talks about stakeholder capitalism, I don’t think he is talking about people having greater freedom. Instead he is telling us that stakeholder class, the middle class are the focal point of their extraction of wealth. “We will own nothing and be happy” is not an economic principle, but rather a philosophical statement about the nature of humanity. He sees us a tools for their globalized system of wealth concentration. His disrespect of humanity in effect cancels out our human agency. His ego, possibly, blinds him not only to the transparency of this message, but also to the track record of centralized control. Where I see trust, is on the latter side of the Two Global Forces. There is the global force of centralized institutions of governance and finance. And, there is the global force of decentralized networks of relationships. What we do here in the comments is trustworthy because it is based in respect. It is growing while Klaus’ world is shrinking.
I'm not personally convinced that Schwab is malign. Of course, he may be, who knows. But I don't see evidence of it, in fact more the contrary. For a start, he is so open about his beliefs, and some are so radical, that he makes himself a lightning rod for the masses to project conspiratorial narratives onto.
I don't have an issue with owning nothing and being happy. I mean, the thing is, again, he puts it out. He says it on a world podium, presumably knowing that this is going to trigger the hell out of people. I find the comment more Buddhist than anything else. I barely own anything myself and am pretty happy! I think at some point humans may need to transcend simple material wealth accumulation, which is a lot of status-signalling behaviour anyway, as I see it.
So I find Schwab refreshingly honest generally. Where I think his blind spot is is around control. He and Lagarde especially seem pretty freaked out by Bitcoin and decentralisation. The prospect of losing control clearly terrifies Schwab and it is this that I suspect will finally bring him down.
The property thing isn't the issue. It is the freedom to choose. And that is what I think Klaus and his minions want to take away because it is an issue of control.
I think I would suggest he first does 10 years of intensive therapy, get in touch with his body, and work on his shadow!
Yes, especially the body work. Manuel labor. Get him out of his head.
Trust is the product of something else. What that is is respect. When Klaus talks about stakeholder capitalism, I don’t think he is talking about people having greater freedom. Instead he is telling us that stakeholder class, the middle class are the focal point of their extraction of wealth. “We will own nothing and be happy” is not an economic principle, but rather a philosophical statement about the nature of humanity. He sees us a tools for their globalized system of wealth concentration. His disrespect of humanity in effect cancels out our human agency. His ego, possibly, blinds him not only to the transparency of this message, but also to the track record of centralized control. Where I see trust, is on the latter side of the Two Global Forces. There is the global force of centralized institutions of governance and finance. And, there is the global force of decentralized networks of relationships. What we do here in the comments is trustworthy because it is based in respect. It is growing while Klaus’ world is shrinking.
I'm not personally convinced that Schwab is malign. Of course, he may be, who knows. But I don't see evidence of it, in fact more the contrary. For a start, he is so open about his beliefs, and some are so radical, that he makes himself a lightning rod for the masses to project conspiratorial narratives onto.
I don't have an issue with owning nothing and being happy. I mean, the thing is, again, he puts it out. He says it on a world podium, presumably knowing that this is going to trigger the hell out of people. I find the comment more Buddhist than anything else. I barely own anything myself and am pretty happy! I think at some point humans may need to transcend simple material wealth accumulation, which is a lot of status-signalling behaviour anyway, as I see it.
So I find Schwab refreshingly honest generally. Where I think his blind spot is is around control. He and Lagarde especially seem pretty freaked out by Bitcoin and decentralisation. The prospect of losing control clearly terrifies Schwab and it is this that I suspect will finally bring him down.
The property thing isn't the issue. It is the freedom to choose. And that is what I think Klaus and his minions want to take away because it is an issue of control.
That is most definitely a core trigger for many people.
Here are my thoughts on these themes https://garysharpe.substack.com/p/my-thoughts-on-the-world-economic